A Simplified View of the Financial Accounting Process http://www.drawpack.com your visual business knowledge business diag...
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Financial accounting process diagram

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Financial Management models and diagrams for business preseentations.

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  • Source: Finance for Executives, Hawawinin/Viallet, 1999
  • Financial accounting process diagram

    1. 1. A Simplified View of the Financial Accounting Process http://www.drawpack.com your visual business knowledge business diagrams, management models, business graphics, powerpoint templates, business slides, free downloads, business presentations, management glossary The firm The rest of the world Financial accounting process The balance sheet Records assets and liabilities at the date of the balance sheet. Their difference is the book value of equity at that date. The income statement Records revenues and expenses over a period of time. Their difference, which represents an increase or a decrease in the book value of equity, is the profit or loss for the period. Financial transactions
    2. 2. Drawpacks Business Diagrams Drawpack.com offers these premium Business Diagrams for students and professionals around the globe for their personal use for free. Please enjoy these Business Diagrams. You can send these slides to your personal contacts who might be interested in Business Diagrams. For further information about our service please contact us: [email_address] Please find our membership offer on http:// www.drawpack.com
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